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Cloudera Gets Hadoop-Size Investment

The money is earmarked for “product development and services to support growth & adoption of Hadoop by enterprise organizations

Cloudera, the open source Hadoop commercializer that collected $11 million from backers last year, says it's gotten another $25 million in a Series C financing led by expansion stage VC Meritech Capital Partners, with current investors Accel Partners and Greylock Partners chipping in.

The money is earmarked for "product development and services to support growth and adoption of Hadoop by enterprise organizations." Hadoop helps them make sense of their massive piles of data and Cloudera keeps making enhancements.

Cloudera CEO Mike Olson said in a statement, "As customer interest intensifies in the U.S. and around the world, we need to increase our capacity and reach. Meritech's investment helps us advance our offerings and satisfy the high demand we're seeing." The company reportedly has only about 50 paying customers.

Meritech backed Facebook, Greenplum, Netezza, NetSuite, Salesforce.com and SpringSource, among others. Former VMware CEO Diane Greene and former MySQL CEO Mårten Mickos were A round investors.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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